99-yearOCRDistrict 23 (Bukit Panjang)

The Skywoods

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 2026 (URA)
Quick Summary

The Skywoods is a 99-year condominium in District 23 (Bukit Panjang) that obtained TOP in 2016, with 420 units across 7 blocks. Across 545 transactions on record, units have recently transacted around S$1.68M (S$1,679 psf, ~1,012 sqft). There are 69 units for sale from S$865k to S$2.48M. The lease has approximately 85 years remaining.

Key facts about The Skywoods
Tenure99-year leasehold from 2012 (≈85 years left)
TOP year2016
DeveloperBUKIT TIMAH GREEN DEVELOPMENT PTE LTD
Units420 in 7 blocks
District and areaDistrict 23 · Bukit Panjang · OCR
Nearest MRTHillview MRT, 537 m (~8 min walk)
Latest median psfS$1,679 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at The Skywoods?

Key Takeaway

The Skywoods has 69 units listed for sale, asking S$865k to S$2.48M (median S$1,641 psf), and 18 units for rent at a median of S$5,000 a month.

For sale

69 listings

S$865k – S$2.48M

For rent

18 listings

S$1,200 – S$6,200 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom8S$865k–S$1.89MS$1,641 psf
2-bedroom8S$880k–S$1.23MS$1,515 psf
3-bedroom44S$1.60M–S$2.10MS$1,595 psf
4-bedroom9S$2.10M–S$2.48MS$1,814 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at The Skywoods?

Key Takeaway

Floor plans for The Skywoods aren't in PropKaki's library yet. Across 545 URA caveats, units range from 527 sqft to 1,625 sqft, and the middle half are 872 sqft to 1,173 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom527 sqft to 1,184 sqftS$865k · S$1,641 psf
2-bedroom527 sqft to 710 sqftS$880k · S$1,515 psf
3-bedroom872 sqft to 1,184 sqftS$1.60M · S$1,595 psf
4-bedroom1,119 sqft to 1,475 sqftS$2.10M · S$1,814 psf

Check the Floor Plan Finder for The Skywoods →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at The Skywoods?

Key Takeaway

Units have recently transacted around S$1.68M (S$1,679 psf), at a gross rental yield of about 2.2% (URA caveat data).

Recent median price

S$1.68M

recent · 545 sales on record

Median PSF

S$1,679 psf

recent transactions

Median rent (monthly)

S$3,035

648 rentals on record

Gross rental yield

2.2%

indicative, gross

Units currently for sale are asking a median of S$1,641 psf — about 2% below the most recent transacted PSF.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at The Skywoods?

Key Takeaway

The Skywoods has 545 recorded sales; the most recent transacted at S$2,430,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$2,430,0001,475S$1,648 psf
Jul 2026S$1,880,0001,163S$1,617 psf
Jun 2026S$1,510,000872S$1,732 psf
Jun 2026S$1,760,0001,012S$1,739 psf
May 2026S$1,540,000872S$1,766 psf
Apr 2026S$1,820,0001,066S$1,708 psf
Apr 2026S$2,350,0001,346S$1,747 psf
Mar 2026S$940,000624S$1,506 psf
Mar 2026S$1,008,000624S$1,615 psf
Feb 2026S$1,680,0001,012S$1,660 psf
Feb 2026S$1,888,0001,066S$1,772 psf
Dec 2025S$1,590,000947S$1,679 psf

545 sales and 648 rentals on record since Sept 2013. Source: URA.

5

Are prices at The Skywoods rising?

Key Takeaway

The median transacted PSF at The Skywoods has risen 45% over the past 10 years (20162026), from S$1,181 psf to S$1,708 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,708 psfS$1.76M11+1.1%
2025S$1,689 psfS$1.68M26+4.3%
2024S$1,619 psfS$1.58M19+4.6%
2023S$1,548 psfS$1.47M12+7.2%
2022S$1,444 psfS$1.43M22+7.2%
2021S$1,347 psfS$1.35M37+5.2%
2020S$1,281 psfS$1.21M14-2.1%
2019S$1,309 psfS$1.18M7+8.3%
2018S$1,209 psfS$1.30M4+2.4%
2016S$1,181 psfS$1.19M52

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is The Skywoods a good investment?

Key Takeaway

Of 147 units at The Skywoods that were bought and later resold (bought from 2013, resold up to 2026), 97% sold for more than they were bought for, with a median gain of 19% over a median 6.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Units listed now ask about 2% less per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

97%

of 147 resales here

Median gain

19%

gross, before costs

Median hold

6.5 years

bought to resold

Every unit at The Skywoods with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is The Skywoods and what's nearby?

Key Takeaway

The Skywoods is located in Bukit Panjang, in the West Region of Singapore.

The Skywoods is a 99-year condominium completed in 2016. It was developed by BUKIT TIMAH GREEN DEVELOPMENT PTE LTD. The development has 420 residential units. It sits on a land area of 17,546 sqm and has a gross floor area of 36,847 sqm. The plot ratio is 2.1.

THE SKYWOODS is located at 3 Dairy Farm Heights, Singapore 677661. It is part of District 23, Hillview / Dairy Farm / Bukit Panjang / Choa Chu Kang, Bukit Panjang. The project falls within the West Region and the OCR market segment.

The nearest rail connection is Hillview MRT, approximately 537m away, around 8 minutes on foot. Nearby amenities include HillV2 for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, and Chestnut Dr Pg for greenery and recreation. Facilities in the development include Drop Off Point, Fitness corner, Function room, Lap pool, Lift lobby, and Main entrance.

8

How far is The Skywoods from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Skywoods is Hillview MRT, about 537 m away (~8 min walk). 4 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Chij Our Lady Queen Of PeacePrimary schoolwithin 1 km · P1 priority455 m
  • Assumption English SchoolSecondary schoolwithin 1 km618 m
  • Assumption Pathway SchoolSecondary schoolwithin 1 km769 m
  • Bukit Panjang Primary SchoolPrimary schoolwithin 1 km · P1 priority955 m
  • Greenridge Secondary SchoolSecondary school1.4 km
  • Zhenghua Primary SchoolPrimary school1.6 km

Shops, food & parks

Mall: HillV2 · 840 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 705 mPark: Chestnut Dr Pg · 380 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built The Skywoods and how big is the development?

Key Takeaway

The Skywoods was developed by BUKIT TIMAH GREEN DEVELOPMENT PTE LTD, designed by MAPS DESIGN STUDIO, with 420 units over up to 15 storeys.

Developer
BUKIT TIMAH GREEN DEVELOPMENT PTE LTD
Architect
MAPS DESIGN STUDIO
Main contractor
NOVELTY BUILDERS PTE LTD
Floors
15 storeys
Blocks
7
Land area
17,546 sqm (188,863 sqft)
Gross floor area
36,847 sqm (396,617 sqft)
Plot ratio
2.10
10

What facilities does The Skywoods have?

Key Takeaway

The Skywoods has 8 facilities, including Drop Off Point, Fitness corner, Function room, Lap pool, and more.

Drop Off PointFitness cornerFunction roomLap poolLift lobbyMain entrance24 hours securityTennis courts
11

What does it cost to own a unit at The Skywoods?

Key Takeaway

Buying a unit at The Skywoods (~S$1.68M) needs about S$12,298/mo in income and S$5,658/mo in repayments, after S$53,600 stamp duty and a S$420k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.68M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$53,600

BSD, tiered

Downpayment (25%)

S$420k

cash + CPF

Monthly instalment

S$5,658/mo

30y @ 3.5%

Income required

S$12,298/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around The Skywoods?

Key Takeaway

8,241 CEA-registered agents closed at least one recorded deal in District 23 — where The Skywoods sits — in the last 12 months, across all property types.

Active agents · 12mo

8,241

District 23 · closed ≥1 deal

Deals on record

37,923

all-time · all property types

Source: CEA public transaction records, attributed to District 23 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about The Skywoods? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from The Skywoods's own transactions.

PropKaki
Is The Skywoods a good buy, and what are units selling for?

Recent units at The Skywoods sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about The Skywoods

Is The Skywoods freehold?

No. The Skywoods is on a 99-year lease that started in 2012, with about 85 years left.

How old is The Skywoods?

The Skywoods was completed (obtained TOP) in 2016, so it is about 10 years old.

Is The Skywoods a good investment?

Of 147 units at The Skywoods that were bought and later resold (bought from 2013, resold up to 2026), 97% sold for more than they were bought for, with a median gain of 19% over a median 6.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Units listed now ask about 2% less per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is The Skywoods an EC?

No. The Skywoods is a private condominium, not an executive condominium (EC).

Who is the developer of The Skywoods?

The Skywoods was developed by BUKIT TIMAH GREEN DEVELOPMENT PTE LTD.

What is the price of a condo at The Skywoods?

Units at The Skywoods have recently sold for around S$1.68M (S$1,679 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 69 units are listed for sale from S$865k to S$2.48M.

Where is The Skywoods located?

The Skywoods is at 3 Dairy Farm Heights, Singapore 677661, in Bukit Panjang (District 23). The nearest MRT station is Hillview MRT, about 537 m away.

How many units are there in The Skywoods?

The Skywoods has 420 units in 7 blocks, up to 15 storeys high.

How much do I need to earn to buy at The Skywoods?

For a unit around S$1.68M as a first home, you'd need roughly S$12,298/mo in income (assessed at the stress-test rate), with repayments near S$5,658/mo after a S$420k (25%) downpayment and S$53,600 Buyer's Stamp Duty.

Are prices at The Skywoods going up?

The median price per square foot at The Skywoods has risen about 45% between 2016 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of The Skywoods?

Chij Our Lady Queen Of Peace, Bukit Panjang Primary School are within 1 km of The Skywoods. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.